$6.2 Million Unlocked In Working Capital

Impact Achieved

$6.2M

in Working Capital Unlocked

$7.5M

Recovered in Invalid Claims Annually

96%

Straight-Through Cash Application (STP)

17 Days

Faster Deduction Resolution

“We shifted from manual check processing to a data-driven operation, now processing over $93 million electronically with 96% straight-through cash application. This modernization went beyond simple efficiency—it directly unlocked $6.2 million in working capital for the business.”

case-study-speaker

Tomasz Nowakowski

SVP Finance

Red Bull

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About Red Bull

Red Bull is an Austrian company founded in 1984 by Dietrich Mateschitz, known for its popular energy drink launched in 1987. Beyond beverages, it is a global media powerhouse, sponsoring extreme sports, athletes, and events worldwide.

Revenue

€11.227 Bn+

Employee Count

20,000+

Region

Fuschl, Austria

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Top Challenges

  • Manual Cash Application & Low Visibility: Managing payments from over 10,000 independent stores (mostly checks) required manual, line-by-line matching, which significantly delayed cash posting and visibility.
  • Inefficient Collections Strategy: Without automated prioritization, collectors treated all accounts equally, wasting time on administrative tasks like manually sending invoices, instead of focusing on high-risk accounts.
  • High Volume of Unresolved Deductions: The team manually managed over 34,000 disputes worth $8.93M, suffering from slow resolution cycles (over 30 days) and revenue leakage due to invalid claims.
  • Working Capital Constraints: The heavy reliance on paper checks and manual processing delayed cash availability by up to 10 days, effectively locking up $6.2 million in working capital until funds could be posted.
  • Lack of Digital Adoption: A widespread “pen-and-paper mindset” among small retailers meant electronic adoption was minimal, preventing the scalability of payment processing and invoice delivery.

Business Benefits

  • Moved 5,400+ Customers From Checks to Portal
  • 2x More Deductions Resolved Daily
  • 3x More Dunning Emails (101,410 emails)
  • 1.6x Increase in Collections Call Volume
  • 84,000+ Customers Moved to E-Payments
  • 100% Global E-Invoicing Compliance
  • $93M Payment Volume Processed Electronically
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OTR Solutions

76%

Straight-Through Cash Application

99%

Payment Processing Coverage

20%

Reduction in Finance Headcount

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BSN SPORTS

$500K

Saved Annually in Credit Card Fees (Level III Processing)

50%

Reduction in Past-Due Balances

30%

Reduction in Collector’s Workload

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Nidec

46%

Reduction in
Past Dues

54%

Productivity Improvement

10x

Increase in Email Outreach & 3.6x Increase in Call Volume

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